Mumbai, 14 June (IANS). The income growth rate of largecap companies has been better than smallcap and midcap companies in the fourth quarter of FY 25. This information was given in the report of a brokerage firm.
The report of the Equires Securities, prepared based on the analysis of 270 companies, stated that the performance of largecap companies has been strong in the global fluctuations atmosphere and both have been better than expected.
The report stated that the group of companies tracked by Equires was 4 percent and 5 percent higher than the EBITDA and income, analysts, respectively.
According to the report, companies have increased by 6 percent in EBITDA and 4 percent income, while income growth remained in line with expectations, which was 5 percent higher than the same quarter of the previous year.
According to Equires Securities, the income of largecap companies increased by 6 percent on an annual basis in the fourth quarter of FY 25. At the same time, the income of midcap companies has increased by 2 percent during this period and the income of smallcap companies has declined by 16 percent on an annual basis.
The report said that if the oil marketing companies (OMCs) are removed, EBITDA and income of the rest of the sector companies in the fourth quarter of FY 25 have increased by 5 and 3 percent respectively.
At the same time, if Banking, Financial Services and Insurance (BFSI) is removed, EBITDA and income have increased by 7 and 6 percent respectively in other companies in the fourth quarter of FY 25.
Retail, Pharma, Capital Goods and Consumer Durables performed well in the fourth quarter of FY 25. However, the growth rate of FMCG, Infrastructure, IT and auto sectors has been weak in the fourth quarter.
The income (EPS) forecast per share of 28 percent of companies included in the report for the current financial year (FY 26) has been upgraded.
According to the report, this upgrade was led by Capital Markets, Chemical, Defense, Metal and Textile.
-IANS
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